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I am trying to file a Schedule B for Signature Authority over a foreign account. I have already filed Form 114, but Turbo Tax keeps deleting my info for personal taxes.

I have signature authority (wire approvals) for my corporation but I do not have financial interest.
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1 Reply
pk
Level 15
Level 15

I am trying to file a Schedule B for Signature Authority over a foreign account. I have already filed Form 114, but Turbo Tax keeps deleting my info for personal taxes.

If you have signature authority but no financial interest -- you report that only on form 114  ( www.Fincen.gov).

Although I do not understand what you mean by " my corporation but I do not have financial interest".  You do not report on form 8938 ( FATCA form ) for signature authority) -- so TurboTax is correct in removing the info.

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